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] that would have been unimaginable. >> now mr. cruze says his dad made it on his own without government assistance. he worked hard and provide for his family and now his son has achieved the american dream. that's the way this country is supposed to work. but president obama himself has a very compelling story to tell. his father abandoned him. he was raised primarily by his maternal grandparents in hawaii. he had few resources. yet, barack obama rose up to become the most powerful man in the world, a stunning achievement. how much the system helped mr. obama is unknown as his college records have been kept private. we don't know the extent of affirmative action. we don't know how much the government subsidized his climb to the top. it would be very helpful to have that information simply to be fair to the president and his vision there is no president obama believes his discuss is is due to government that goes to the famous line "you didn't build that." so the battle lines are now drawn between senator cruise who believes in the free market and small government and president obama who
in the world, but we will make sure there is a record contrast to the government. across theevealed professions, would the prime minister agree that now is the time to look into nursing and whether we should get back to the patient's bedside? >> i think the right hon. gentleman makes an important point. i do not think we want to see de profession was asian. we have seen huge improvements, but i think we have to get back to making sure the patient care is at the heart of nursing. you cannot be a good nurse without those things, and i think we need to return to those values. >> i do not expect you to go into full details. >> when we must get out of this side chamber of using the word you. you refers to the chair. >> i do not expect the prime minister to know the full details against the background, does he think is fair with a 1% increase while they have been at 5%? >> but as a matter of house authorities. the point i would make is public frozen of 1%,have and we do think that is fair. the extraordinary position is a support at 1% increase for public-sector workers, but they think people on where
how government raises and spends money. >> wow. >> just 19% support the way congressional republicans are dealing with it. and it was nearly split. 47% sided with the president, 46% sided with republicans, and i wonder, joe, if this is at least inspiration enough for them to just get a deal. is anyone going to get worse than this? really? why can't they at least get something done. >>> i think politically the pressure is more on the president for this reason. you go -- you ask somebody -- it's kind of like lawyers. i found that everybody hated lawyers, right? >> yep. everybody loves their own lawyer. you should have seen what she did in court. man, let me give you my lawyer's number. it's the same thing with congressmen. everybody hates congressmen, but hey, my guy, my woman, they go up there and boy they fight. so, again, you've got to put yourself in the position of a congressman looking at 31% approval rating going, yeah, that's fine. i'm saying that 74%, the words of dire straits, you know, i got a daytime job, i'm doing all right. i think the pressure when you look at these numbe
, a new report for the government. and absolutely slams freddy mack. why? >> troubling reports concerning freddie mac, inspector general of the federal housing finance agency, saying they aren't doing such a good job of working out complaints from homeowners. they found that freddie's eight biggest servicers resolved more than 25,000 complaints. that sounds great, but they failed to take care of more than 20% of them in the required 30-day window. that's even after they moved the case up the chain of command. a huge problem, when it comes to serious complaints like servicing fraud and improper foreclosures, what it means, people could potentially lose their homes while these services are twiddling their thumbs on cases. the report it found that four of freddie servicers never reported any cases in this period, even though they handled more than 20,000 of them, so this watchdog agency put out recommendations. we'll see if those recommendations go anywhere. carol. >> alison kosik live from the new york stock exchange. >>> a little politics/entertainment. a fresh dose of sarah palin when she
should be fine. >> the concern is among americans that if a government can go in and take money out of your bank account, that that could end up happening here some day. >> in some ways, heather, you could argue it's already happening here. we don't use the word tax. we don't use the word levy here. >> we don't use the word compensation. maybe we should. >> not getting anything and your costs rupp. low interest rates and inflation. >> keep an eye on this. thank you so much. vera givens great having you. a teenager hiding from burglars inside her own home not able to speak while she calls for help. listen to. this you can tell me you but not open the door? >> we will tell you how this lady saved herself and her family. a mother is furious after discovering her son is learning propaganda about the 9/11 terror attacks. wait until you hear hot teacher is blaming. plus, first on this day in history back in 1986, hearts these dreams. it hit number one on the single. [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've been buying ragu for years. [ thinkin
. they are debating this bailout proposal and to a man so far, they are all saying no. the governing party, apparently, has prepared a one-day postpone meant on the vote because at this point they are prepared to have sustained. cyprus' finance minister, who headed to moscow to appease some of the russian depositors has offered his resignation. people are observing what is going on in parliament. the euro has fallen the lowest since november 22nd. we're also hearing that the british ministry of defense is airlifting about a million euros to be distributed because the banks remain closed in cyprus. >> bertha, thank you very much. another story involving fake facebook shares. scott cohn has been looking into it. >> the facebook ipo and how hyped it was, how everybody wanted to get their hands on the pre-ipo shares. a man, 71 of florida, allegedly told investors that he had shares and raised about $8 million, it was all a ponzi scheme. he's charged in a four-count criminal complaint as well as a civil suit by the security and exchanges commission. could face up to 20 years in prison. he claimed he had pr
's a vision of the country where the government is indifferent to the suffering of many while only paying attention to the demands of a few. then there is the other plan that is before us, the democratic plan. with a balanced set of priorities, a better vision for the future, found in the budget offered by house budget committee ranking member chris van hollen. it takes a balanced approach with targeted spending and new revenues. it would cut waste, add jobs and spur economic growth of the economy. it would reduce the deficit by an additional $1.8 trillion without jeopardizing the recovery or harming the middle class. it includes $1.2 trillion in new revenue obtained not by tax increases but by closing loopholes and eliminating wasteful spending that benefits the wealthiest americans and the largest corporations. it eliminates $4 billion in annual tax breaks to the oil and gas industry, an industry that is making profits. they don't need a tax break. in fact, they're making enormous profits. so, why does the ryan budget give them a government subsidy? the democratic plan invests in infras
needs to essentially try to help president abbas. the israeli government will tell you if they are going to make peace, president abbas is the one person they trust. he is aging. he has a fractured palestinian leadership. hamas is essentially sending the message to him we might not support you. be careful. plus the president of the yunitd states labels hamas a terrorist group. united states government before and after obama will likely claim hamas a terrorist group. his government labels part of the palestinian government a terrorist organization, trying to bring abbas back to the table. add into that this new resentment you sense on the palestinian street that the president is so worried about repairing relations. it's eight miles from ramallah to jerusalem. this is a tiny packed, tense neighborhood. the president's first international trip of his second term is much more focused on israel than it is on them. >> john king, thanks, in israel this morning. >>> any second now we are waiting president obama, his remarks with the palestinian leader, mahmoud abbas. we will bring you those rem
what the government vertical did. clearly, we had the sequester late in the quarter. that could have had impact on numbers. it's about 10% of revenue. we'll be looking for some color there. hardware revenue has been disappointing. i think seven our the eight last quarters. that certainly weighed on total revenue. we're projecting growth to get to positive levels in q1. we'll certainly want to get an update there. and the license revenue is a bit of a miss as well. so we'll be looking for more color on the government side. >> go ahead, jon. >> something i do want to mention on epps, it's technically a 1 cent miss, avenue cents when the street was looking for 66 in non-gaap. through there is a currency impact. oracle saying that constant currency, it would have been 66 cents. but, again, many analysts have factored some currency in to their 66 cent estimate. so i'm not sure how much of that matters. >> well, i think that's a good point, jon. but i guess what ai'm focused o is revenue. >> yeah, particularly new license and hardware. >> right. >> particularly new license and hardware. i
of money in lots of areas throughout the federal government and what we have failed to do is to give flexibility to all these agencies to, they know what's important, what's not and we've chosen not to do that. harry reid on the senate floor decided not to allow votes to do that. bill: we'll see whether or not they pick and choose real soon. senator kelly ayotte out of new hampshire has a big voice if this. we'll talk to her about the efforts to cut wasteful spending in programs she says should go. that is coming up shortly. martha: we have brand new fox polls out this morning about budget and taxes. look at numbers. people were asked what bugs you the most when paying your taxes? the list is so long. how could you think about what bothers you most. number one, 43% the way the government spends their money, 43% is what really bugs them the most. 38% goes to one of the president's biggest talking points during the campaign. people say they don't think some folks pay their fair share. goes on from there. the tax forms and amount you pay which is always bothersome. what do you think? bi
. there is no precedent for something off that ticket and thrust into governing responsibility. the balance he has to strike is doing his demanding day job and maintaining his options in the event he wants to run for president and a difficult balance to strike. >> you know him well. do you sense he aspires to more nationally? did he get a taste for president politics the last time around? >> i don't want to speak for him but i think he continues to have a taste and ambition to have a big impact on some of these issues he cares about nationally. he's a number of ways he can do it punish. mark leibovich wrote that article. paul ryan can't lose. meaning he could run for president if he stays in congress, he'll be chairman of ways and means committee and some talk about him playing a more prominent role in leadership so he has to decide where he can make his mark. no one i believe has done more to advance the conservative policy agenda in terms of where he has moved through republican congress the last for a years. >> mark, he's a young man, in his early 40s. he has a lot of politics ahead of him. wha
. the real fact about the budget is that the deficit has to be sustainable. but basically the government is a lot more like a company than it is like a household. and a company has debt as part of its permanent capital structure and it can have that debt forever. if the company keeps grog, it can take on more debt. similarly if we run a budget deficit, so long as it is small enough relative to the amount of economy is growing over the long-term that can be sustainable. we have to shrink the budget deficit over time, but not all the way to zero. the democrats are closer to correct on this point where the republicans have been attacking them because their budget doesn't balance over ten years. the budget shouldn't balance over ten years. >> i think you hit a key point. it's all about growth. you can grow your way out of deficits. we saw it during the clinton administration. it's also about looking at how far we've come. if you actually look at what we've already done in terms of getting deficit under control, if you look at the budget control act, if you look at the tax increases from the
use it but there is a new plan to cap it and generate piles of revenue for the government. it could pull a rag out from under the marketnd the homeowners. the latest details you cannot afford to miss. even when they say it is not, it is all about "money." ♪ melissa: all right, first to today's market moment. the raid on deposits sending chills down the spines. the market phone for the second session in a row. the first back-to-back losses nearly a month in case you're keeping track. investors gear may be best reflected in the vix. our top story, the critical situation in cyprus threatening to set off a chain reaction around the world. the european nation wants to tax all bank deposits up to 10% in order to secure a $13 billion bailout for the government. this move is unprecedented, it would basically allow the government to skim the bank accounts of every single person who makes a deposit into a cyprus bank account. if that is not enoug the country has closed all banks until thursday so if the decision is made there will not be anything anybody can do if they have money in the ban
to assure that the iranian government for sakes nuclear weapons. peace is far more praoefrpbl t prefer rabl to war and the inch even tended consequences that would come with war would mean we have to do everything we can to try to resolve this diplomatically. because of the cooperation between our governments we know that there remains time to pursue a diplomatic resolution. that's what america will do with clear eyes, working with a world that is united and with the sense of urgency that is required. but iran must know this time is not unlimited, and i've made the position of the united states of america clear, iran must not get a nuclear weapon, this is not a danger that can be contained and as president i've said all options are on the table for achieving our objectives, america will do what we must to prevent a nuclear armed iran. [cheers and applause] >> for young israelis i know that these issues ever security are rooted in an experience that is even more fundamental than the pressing threat of the day. you live in a neighborhood where many of your neighbors have rejected
, the hard work of actually governing this church begins. it's the transition from style to substance. that's going to be the story going forward. >> hmm, interesting. all right, let's talk about going forward a little bit as we enter what is the most holy kind of year in the catholic church, the season of easter. outside of the pomp and circumstance, as we head into this time, what happens with what the pope does next? >> well, obviously the preparations now for holy week, he's learning to do what he's been doing as a priest for many years. he was or tained a priest in 1969, so celebrating mass for holy week is not new to him. celebrating it as pope is huge. i'm sure there's a lot of last-minute preparations as all of his assistants who coordinate those things are trying to learn his preferences. and we're seeing a lot of those kinds of things. we talked earlier about the fact that his -- his worth has been rather general and painting with broad brush strokes. so we're right now reading symbols. we're looking at his vesture and the things he's choosing to do. >> what that could mean. >> ho
. that is one way to hedge it. there is more concern on at this time alley -- italy forming a new government. last three years we had the o in the first quarter only to see in april and may a curveball is thrown at us. that might be in the back of traders mind. david: a new government in italy. what a shock and surprise? only happens about twice a year. shibani: a lot of deja vu going on. tim, we'll check in with you with a few minutes to see how the s&p futures pit closes. david: thanks, tim. let's bring in the market panel with ralph and jim. great to see you. happy friday. jim, first to you, no matter what you throw at this market it keeps climbing. do you think it continues throughout the year? are we going to be closing out the year at new highs? >> david, i think we make new highs but i'm not sure we would close out the year at new highs. we'll see a higher market in here, but i think we'll probably consolidate something below that and close the year but it will still be a very good year for the equity markets. as you point out complacency in my experience does not make good investment
government. prior to director 's appointment, he spent 15 years in the department of justice. director morton received a law degree from the virginia school of law. you're welcome to proceed with your testimony. >> good afternoon. while much has been made of ice's recent reduction in levels, and the truth is it was in direct result in attempts to stay within its budget. and now the reality of sequester. we don't have a traditional appropriation for 2013. ice is funded through continuing appropriation at fy 12 levels through next wednesday, march 27 and we do not yet know what congress will provide ice for the remaining six months of the fiscal year. additionally, as of march 1, we are living under a sequester, a reduction just shy of $300 million in while the expiring cr provides ice 34,000 meds, sequestration has reduced those same funds by percent. despite these challenges, ice continues to produce impressive enforcement results. during the first five months of the six-month cr, the portion without sequestration, we were solidly on pace to remain -- to maintain ready for thousand beds. on t
not confirmed. both sides, the rebels and the government are trading accusations. u.s. officials are trying to determine if chemical weapons were even used. if they were, it could be a tipping point and trigger deeper u.s. involvement. brian? >> richard engel in israel prior to the president's arrival there. richard, thanks. >>> now we turn to the vatican. a remarkable scene today in st. peter's square. pope francis, celebrating his inaugural mass, was out and about in the crowd, kissing babies, hugging the faithful, issuing a call to action, signaling a new emphasis for the church. nbc's anne thompson was there. in fact, anne, you got caught up in it briefly this morning. >> reporter: we did, indeed, brian. and, in fact, by vatican standards this was a much simpler ceremony and certainly one that was much shorter. an hour less than benedict's mass eight years ago. another change in style revealing more about this pope named francis. today pope francis preached with action as well as words. climbing out of his open air jeep to bless a disabled man, stopping to kiss children, and urging the
. but in your situation call the irs and find out what is going on. >> the government has to pay this money twice, right? >> absolutely. we get hit twice. irs pays the money to the folks to the criminals and then you have to file to the actual taxpayer. >> what i do not you had it seems such an immense if not novel government waste why doesn't the irs figure out a system because can you catch these people if you cross reference it with the w2. the people take your social security number and makeup your job. if you have the w2 for that person you know they are a liar and can you catch that. why is that not happening? >> that is what they are trying to do it is a tsunami of fraud. it's been overwhelming. and irs is moving to that area. and they are trying to match the w2s with your tax return. irs was able to stop over $1.4 billion in 2011 on this type of fraud. but, again it's part of it. >> and how much went. >> we are thinking $5 billion a year. >> what are the best ways people can protect themselves? >> file early. you can only use your social security number once to file a return. if you
and that can be done in a couple of days, you reduce the government's financing demand requirement down to approximately 5 billion euros. because then all your financing are the government deficits. >> adam, thank you so much. >> my pleasure. >> becky, you highlight a really good point. what is very clear from this government and also from the people on the ground that i've spoken with is they absolutely don't want to see a reduction in the sides of the banking system here because they know that is what 50% of the economy and a ton of the jobs, as well. they realize it's going to be a change of livelihood. changes that will happen in this country no matter what are going to be startling to the people here. >> i saw all the headlines coming from russia and the president here making strong comments. is that going to fall on deaf ears in europe? is that not a big deal as far as they're concerned? >> that would be my interpretation, absolutely. would you agree with that, adam? whatever russia says is going to fall on deaf ears when it comes to the troika? >> it doesn't fall on deaf ears. bu
in washington, it is a big job on capitol hill with the senate expected to approve a plan to keep the government running, and we're getting word funding for some critical programs hit hard by automatic spending cuts might also be restored. chief congressional correspondent mike emanuel live on capitol hill with that. seems like the biggest fight is not the short-term funding, but the broader budget debate, huh. >> >> reporter: the so-called continuing revolution to avoid a government shutdown seems to be on the path toward passage. overall, everybody seems to be feeling pretty good about it. so rather than going on the senate floor and singing "kumbaya", senate majority leader harry reid took time a few minutes ago to blast the house republican, paul ryan, budget plan. >> hand out more budget-busting tax breaks for the wealthy, and to pay for these wasteful tax breaks, ld -- it would end medicare guarantee, it would raise tax on middle class families. to appease the tea party, the ryan republican budget would risk recovery, and that's just a price too high. >> reporter: needless to say, republic
of the disasters of iraq was the dissolution of the state. so when bashar al assad goes, and the government believes ultimately he will, those institutions, those governing bodies will be necessary for the day after. for those people who are left holding the bag, what has become basically a sectarian war, to put back a government. it is a critical lesson and a police take we cannot ever make again. >> as we look back and relitigate the war in iraq, i think it is easy to say on its face, it was a clear mistake and we'll never do this again, how could we do this. let's not forget that. a lot of democrats voted for this war. including hillary clinton. that's what i want to ask you about it. she voted for the iraq war resolution in 2002. 2007, refused to see that vote as a police take. she has defended that since. i'm wondering if you think that is going to be a political problem for her. in 2016 if she ends up running. >> let me say a couple things. having been in the white house i realize how hard it is to govern and to make these national security decisions. it is not black and white and it
government website. at one point the voice says that the white house has been captured. and the capital of war is with and in the range of our atomic bomb. detests that they have launched with the sanctions are run the world to try to decrease those efforts. >> catherine: now for today's market update. stocks were up -- as the federal reserve stands by it's economic stimulus plan. here are today's closing numbers. the dow rose 55 points.which briefly traded at an all-time high today. the nasdaq rose 25 points. and the s-and-p rose 10 points. >> the senate has passed a huge spending bill to fund the government through the end of september. the bill would avoid a partial federal shutdown at the end of the month. a vote tomorrow in the house would send the measure to president barack obama for his signature. it includes funding for the day-to-day operating budgets of every cabinet agency, and another 87- billion dollars for military operations in afghanistan and iraq. >> the unemployment rate for veterans dropped last year, according to a report out today from the u-s bureau of labor stati
government at home and abroad. >> rand paul wants to accomplish the departments of education and congress and epa. >> small detail. >> and the federal reserve and abolish the income tax. the second amendment which does not allow in his opinion for any form of gun control whatsoever. he makes mitt romney look looks michael due dukakis. >> i paint in primary colors. >> these are details. >> they are details i would just as soon ignore. on some of those fronts. but, again, overall, the primary message that he delivers is less government at home and restraint abroad which you know what? the republican party has been reckless over the past decade. we have paid a lot for it with our philosophy. and so i think he's a good symbol like his father. listen. i voted for his father in the republican primary in 2012. did i agree with what he said about 9/11? >> god, i hope not. >> absolutely not. there are a lot of things that rand paul said i think are way out there and i disagree with, but the core issue of small government at home and restrained foreign policy abroad, i will -- >> not a realistic se
, but the key question for cypress now, given that this is a brand new government, they've only been in town for three weeks and they made an ex politicsit promise that they wouldn't hit depositors, that's going to be the key issue. can they pass it through parliament? carolin roth is the best person to speak to you about that. >> julia, thank you so much for that. everyone here in cyprus is anxiously waiting for that vote on a very controversial bailout deal. now, i should mention that at this point, the ruling party under the president does not have a clear majority in parliament to be able to push through that controversial vote because press reports are indicating that up to three parties could be voting against that bailout deal because of that deposit tax component. now, the president is currently meeting with the leaders of the political parties. of course, what he's trying to do is to strong arm and to persuade them into voting for that deal because the other alternative, yes, that is bankruptcy for this country, which has only 1 million people and only makes up 0.2% of the entire eu
to keep the government funded through the end of september. the measure will go to the house where it's expected to pass and then to president obama to sign. congress was racing against a -- against a deadline of march 27th or face a government shutdown. the bigger battle over the 2014 budget continues. >>> it could be easier to get into the national postal forum in san francisco today. >> okay! >> workers and customers protested outside yesterday's sexes at moscone service. they are angry the postal service is spending more than $2 million to network with vendors. but the postmaster general says they represent one-third of total postal service revenue and they need to hear their concerns. the conference wraps up tomorrow. >>> two men were indicted by a federal grand jury for trying to get $20 million out of the state's pension fund. the indictment names two men of using fake documents to trick people into paying $20 million in fees to a company run by villarobos. >>> there is a new study that says california lawmakers have the highest based salary in the nation. last year the base sa
the government funded through the end of september. the measure will go to the house where it's expected to pass and then to president obama to sign. congress was racing against a -- against a deadline of march 27th or face a government shutdown. the bigger battle over the 2014 budget continues. >>> it could be easier to get into the national postal forum in san francisco today. >> okay! >> workers and customers protested outside yesterday's sexes at moscone service. they are angry the postal service is spending more than $2 million to network with vendors. but the postmaster general says they represent one-third of total postal service revenue and they need to hear their concerns. the conference wraps up tomorrow. >>> two men were indicted by a federal grand jury for trying to get $20 million out of the state's pension fund. the indictment names two men of using fake documents to trick people into paying $20 million in fees to a company run by villarobos. >>> there is a new study that says california lawmakers have the highest based salary in the n
cordial greetings to the head of states and government. to the official delegations of many countries of the world and the diplomatic corps. in the gospel we heard that joseph did as the angel of the lord commanded him and took mary as his wife. in these words, we already have the mission that god entrusts to joseph. that of being the custos, the protector. protector of whom? of mary and jesus. but it's a protection that extends to the church, as blessed john paul ii underlined. just as st. joseph took loving care of mary, and gladly dedicated himself to jesus christ's upbringing, he likewise watches over and protects christ's mystical body, the church, of which the virgin mary is the exemplar and model. how does joseph exercise this protection? this role as protector? with discretion, discreetly, humbly, in silence, but with a constant presence and a total fidelity, even when he doesn't understand. from the matrimony with mary, to the episode of jesus when he was 12 years old in the temple of jerusalem, he accompanies, tenderly in every moment. he's next to mary, his spouse in serene
standing by in beirut, lebanon. the rebels say the government killed 25 people with a chemical weapon. help us out here. who is telling the truth? >> reporter: it still isn't really clear, jake. we don't have confirmation chemical weapons were used but there are two separate incidents. one in a city in the north, aleppo, in which the regime says it was hit by a chemical weapon fired by rebels and the russian government backing that up one activist saying this seems to have landed between rebel and regime lines and may have hit civilians in the regime area and regime troops, too. another instance near damascus to the east in which rebels do appear to have been hit by some kind of suffocating gas. not clear what it was but certainly the logic test suggests rebels aren't going to be aim agate themselves with these weapons and we know the regime has a large stockpile. >> is there a faction within the opposition that cob obtain chemical weapons? is it even possible? >> reporter: that's always been the real fear as we heard about radicalization, the fractious nature of the rebel movement. to be h
own missile defense system. a top chinese government spokesman telling the chinese media, quote, all measures seeking to increase military capacities will only intensify antagonism and will not help solve the problem. retired major general bob scales served five years in korea over his time in the military, that spans about three decades. that is him on the right there. he commanded artillery battalion that helped protect a key area along the dmz where we still have tens of thousands of troops. he joins us now. general, every time you're on we learn a little something extra about your service. nice to have you with us here today. >> thanks, jenna. jenna: geography can tell you something. being on the ground can influence your perspective on types of international issues. tell us how your time impacts what you see north korea is doing now and china's comments as well? >> well i spent most of my time actually serving on the dmz as in various capacities, assistant division commander, battalion commander and war planner. i understand as most people what the north korean mostives are and
by the government grinch? the easter bunny, a victim of sequestration? well, nothing is definitely yet, but guests have been warned. politico go this explanation from a white house official. "because we distribute tickets to the easter egg roll far in advance, we alerted all ticket holders that this event is subject to cancelation, due to funding uncertainty, including the possibility of a government shutdown. however, we are currently proceeding as planned with the easter egg roll." republicans are doubtful. newt gingrich shared his outrage on twitter. shaleless! how else can you describe the threat to cancel white house easter egg hunt? maybe ma lettic, demagoguic. you try to fin the right words." we'll try to describe it at the bottom hour. >>> voters in south carolina heading to the polls for today's primary to choose the next house representative. one of those candidates just happens to be stephen colbert's sister, her name is elizabeth colbert bush. yes, she pronounces her name differently. in a rare interview, we see the serious side of stephen colbert. he sat down with jake tapper, host of
continue to appeal to the european unaelectoral bank, the ecb for new bailout terms. the government is hoping this defeat will give them leverage to negotiate new terms with the european union so when parliament meets again on thursday they might have a better plan to vote on. it's a high-stakes game of chicken with each side wondering who's going to blink first. or in this case, whether the banks will run out of money before a deal is reached. if the eu does not back down then savers in cyprus will have to shoulder some of the burden for the bailout loan. and that has savers around the world wondering whether their deposits are safe. in cyprus tonight, banks remain closed with no clear indication when they'll reopen. one analyst from jpmorgan tonight saying cyprus has chosen a hard road. global markets are wondering where it's going to end. >> bertha, thank you very much for that report. when those banks reopen it is going to be a very interesting and busy day. bertha coombs, thank you. >>> that uncertainty in cyprus sent the u.s. stock markets on a meandering hike today. the major
-- enough of this dude. the employer is a fascist corporation is no different from a fascist government. you are either going to go for freedom or down the tubes. >> bill: all right. ike, i'm down to charleston -- i have been looking to get down there -- carol and i -- if we can find a hotel easter week we'll be down there, so i want to go down there, and we'll continue this conversation over a beer or maybe something a little stronger. >> it's bourbon down there. >> bill: okay. because i think when it comes to making sure everybody is healthy, i don't think that's discrimination. but you make some good points. good to hear from you ike, as always. >> announcer: this is the "bill press show." >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. current tv is the place for true stories. with award winning documentaries that take you inside the headlines. real, gripping, current. documentaries... on current tv. ♪ >> announcer: this is the "bill
the government running for the next six months. the senate okayed the spending plan yesterday along party lines. it keeps intact those $85 billion worth of across-the-board cuts, and that means hundreds of thousands of government workers can expect to be furloughed. >>> that cyberattack that paralyzed big banks and tv stations in south korea was traced to a chinese internet address. an initial investigation links it to at least one of the companies shut down by the computer crashes. north korea still the prime suspect. experts say hackers often launch attacks in other countries to hide their identities. >>> and back here at home two people are dead following a day-long standoff in ft. wayne, indiana. it started when a man pulled a woman off of a city bus and then fatally shot her. he then headed to a nearby house where he held a 3-year-old boy hostage for several hours. eventually a police sniper killed that man, and the child was taken away unharmed. >>> five former council members from the small town of bell, california, have been found guilty of corruption. now, they were convicted of steali
government saying iraq should not allow iran to fly african-americans and spiders to the war there. the secretary pushing iraq leaders to end sectarian violence. steve is joining us live from washington with more on this story. >> reporter: the central issue here is whether iraq's president the prime minister, that is, a she'ite muslim is helping to support the assad regime in syria. now, secretary kerry met with iraqi president nouri al-maliki during a visit in baghdad today. those iranian flights were at the top of the agenda. they had what kerry described as a spirited discussion. here is the secretary. >> anything that supports president assad is problematic and you i made it very clear to the prime minister that the overflights from iran are in fact helping to sustain president assad and his regime. >> reporter: the u.s. believes the iranian aircraft flying over iraq are carrying weapons to arm the syrian government but tehran says they are delivering only humanitarian aid there. they wanted to force the planes for inspections but only a few have been checked. >> i think the i
. >>> they are trying to keep the government funded through the end of the september. the measure will go to the house where it is expected to pass and then on to president barack obama and they are reaching a deadline to pass that spending bill or face a government shut down. >>> we want to check in with sal for the commute, it is after 6:00 now. >> yes, and i want to show you something because of a crash on 880 westbound and richmond. let's go to the toll plaza here. it is lighter than usual and although there are certainly plenty of people on the road but i think they are all stick on 880 but if you are driving on the bay bridge, it looks good and the actual freeway system looks good as well. i want to show you 80 westbound and this crash here as we remove the indicater, you can see the traffic between panola and richmond is very, very slow and unfortunately that is why people are not at the bay bridge yet. there was an injury crash but they are waiting on a tow truck to get that badly damaged vehicle out of the lanes. let's go to steve. >>> there ar
, it can't be a crisis because the government isn't doing anything to correct it. they always know best, don't they? let's look at a two-year chart of yields and doing everything pretty much under 2% and lower than that, but here's what's interesting. open the chart up to year to date. tell you what, if you take off the ten-year on the top of the chart and show it to a technician, he's not going to be particularly bullish on this chart and it looks like yields at least for the moment technically have topped and if you look at the boon, it's an exaggerated correction off of its levels of higher yields and indeed it is leading the ways and we've seen the spread between ten-year u.s. and ten-year european boons widen to the widest level in seven, plus years. this is not investment grade and it isn't the barclays spread and this is an etf and it's very enlightening to look at it over the last couple of weeks going back to february because it's creeping up in a way that's similar to stocks. the stocks firm up and the reach for yield is firming up especially when all of that is going on with
the israeli government if necessary if diplomacy fails look me in the eye. i mean it. i will use military force to prevent iran from getting a nuclear weapon. he also said he wouldn't stand in the way if israel wanted to defend itself. so at some points he is muscular at other points more gentle and reaching out. it is the big national holiday, the biggest holiday of the year in iran right now. when he talks about the great civilization he is trying to reach out to the iranian people saying if we can have a diplomatic solution here you and your isolation in the world community, you end that and become a bigger part of the national community. even as he did that today he did say all options are on the table. twice he said as president of the united states he can't take that away. the president is hoping and believes there are several more months to continue the diplomacy, he is hoping that works. he said at every stop on this trip if it doesn't he reserves the right to use a military strike. >> he seemed to be reaching out beyond the ayatolla, beyond ahmadinejad speaking directly to the ir
markets, including the u.s. because it's going to do the unthinkable. fund a near bankrupt government. at least the solution we went for is for sure not the one we would have liked. but under the circumstances, it was the least painful one. >> exchange for a bail-out from the european union and imf, cyprus wants a so-called tax of around 10% on account of $130,000 and over and 7% for the rest. exposure to invest in the greece and lax banking regulations are to blame. attracting foreign investors including russians. brussels and germany are seen by cypriates as the villain. >> we don't want germany here. we don't want them to help them at all. >> all of this is causing a run on banks in cyprus. banks are closed until thursday. >> i am planning to go to the bank to withdrawal all the money i have in there. have nothing left in there. i can't trust them anymore. >> among t fear among many this approach could be used to back bail-out in other european countries causing a stampede on banks across europe and beyond. >> it raises the possibility of a bank run, which given that we are in the
for you. the senate has given final approval to a spending bill to keep the government operating through september. it passed with bipartisan support and now heads to the house for consideration. >>> a $150 million plan by the pentagon to overhaul guantanamo bay is drawing stark criticism. the proposed makeover for the detention facility will include a new dining hall, hospital and barracks for guards. it comes as protests from detainees are on the rise with hunger strikes tripling in the last two weeks. >>> south korea believes china is behind a recent cyber attack. after officials say the breach originated from a chinese ip address. the attacks wednesday brought down network servers of tv stations and computer software of two major banks. >>> photos released of the seven marines killed this week a mortar exploded during a training exercise in nevada. the men range in age from 19 to 26. men range in age from 19 to one of them enlisted less than a year ago and six were veterans of the war in afghanistan. >>> the american academy of pediatrics is throwing its support behind same sex marri
below the poverty line. >>> to medical news. a government survey of parents shows one in 50 school children in the u.s. has autism. that is significantly higher than a previous estimate. and there is also a significant new clue about autism. abc's dr. richard besser explains more. >> reporter: now another clue into a possible cause of autism, grandfathers age. researchers in sweden have found that the older a grandfather was when he had children, the more likely those children would be to have children with autism. for fathers the risk went up 1.8 times. for mothers the risk went up 1.7 times. it is already known that one piece of the puzzle of autism is the age of the father, starting at age 30. take ray civo. >> let's figure out if there is a genetic factor. >> reporter: his sons oscar and hugo both have autism with different struggles from reading to social interactions. moms pass on few dna mutations. but dads pass on an average of 25 new mutations at age 20. increasing to 65 mutations at age 40 and so on. the more dna mutations, the greater the risk of autism. what does this h
, knox may have to return to italy. if she refuses, the authorities could appeal to the u.s. government for her extradition. if the acquittal is upheld, it's case over. a native of the ivory coast who was raised here is serving a 16-year prison term for kircher's murder. if, in fact, there is a retrial, the question is will amanda knox come to italy? she is currently in seattle, washington. the italian authorities would have to request extradition from the american government. and it's not at all clear at this point whether the u.s. government would be willing to hand amanda knox back to the italian authorities. poppy? >> that is the big question. thank you very much, ben. >>> 16 minutes after the hour right now. let's bring you up to date. the calendar may say spring. do not trust it for a second. from missouri to pennsylvania, millions of people hammered by wind, rain and snow and the severe weather is not done yet. parts of eastern indiana and western ohio were under a winter storm warning from early this afternoon and the system is headed east. >>> a very sad story for you this morn
. and there is no apparent official government will to do so. but the tensions between the two caribbean nations and amplified over the weeks, becoming more reminiscent of the cold war. >> tea party favorite senator rand paul is endorsing a path to citizenship for the nation's illegal immigrants. paul is expected to unveil his proposal in a speech today at the u.s. hispanic chamber of commerce. the endorsement put paul with a growing number of republicans to hold the policy shift abroad and the gop's appeal to latino voters. >> if a new survey finds that the president obamas job approval rating has dipped below 50% for the first time since september. the cnn poll shows that the spotlight in recent months on fiscal and budget issues or contributed to the drop in numbers. meanwhile, 54 percent of americans had an unfavorable view of the republican party. >> if the call numbers came a day after the republican national committee released a major review of their performance in the 2012 elections. >> a boost for backers of same-sex marriage. former secretary of state to hillary clinton joined ever- in
weapons to the syrian government. iran says flights are bringing humanitarian supplies to syria. >>> new developments in the murder of colorado's top corrections officer. abc news learned prisons in the state have been on lockdown because of fears there could be more attacks. and it all appears to be linked to a white supremacist group. >> reporter: the motive for the murder of tom clements may have been revenge for breaking up a prison gang. clements concerned about the rise of a white supremacist group, 211 crew, sent its leaders to another prison trying to diminish their power base. evan ebel just paroled in january was a member of 211 crew. law enforcement yet to confirm the connection. the fear, the potential for more attacks from other gang members. the governor's mansion and state capitol have expanded security following the murder. prison gangs are prolific across america. the american correctional association reports, almost 14% of the prison population are involved in gangs. an estimated 200,000 inmates. investigators believe ebel may have been linked to other murders. >> there
in obama care. this year the federal government will bring in more revenue than any year in our history and yet we're still going to have a trillion dollars budget deficit. spending is the problem. >> the white house says in response, yes, it's true. taxes went up more than $600 billion over ten years at the end of the year but it is also true the white house put $1.5 trillion worth of spending cuts in their budget. the truth is you're both right. i mean, they have offered spending cuts. the taxes did go up. it still hasn't made enough of a dent. you still have to sit down and do something. >> right. i think we're doing our budget this year. actually we're doing it this week here in the house. our budget will balance in ten years. we're going to pass our budget. hopefully the senate will pass their budget. except their budget never comes to balance. the president's budget never comes to balance. you can't continue to spend money as far as the eye can see that you don't have. and that's what they're continuing to propose, along with higher taxes on the american people. >> but the politic
of respect for, the future solution lies in creating golden triangles with business, government, and civil society to make real commitments, to make real innovation, to make real commitments for nutritional labeling, health and wellness programs, and raise the awareness about -- for the general public about what is at stake here. >> but, as consumers drink less soda, and water is now america's favorite drink, how are you preparing for that change? >> oh, well we have -- we provide choice. we have 3,000 products, 500 brands, all across the world, and we provide choices. >> muhtar, i want to congratulate you on coca-cola for getting this award tonight for promoting women into leadership positions at your company. so you've said it makes good business sense to empower women. tell us why. >> it makes good business sense inside the company to empower women because when you are a consumer products business like ours, where 75% of your shoppers are women, you need to connect better with those shoppers through women leaders, and having a really good balance between women leaders, equitable balance
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